Rebalance S&P 500 will impact Apple and Google
In November 2017, S&P Dow Jones Indices announced changes to the Global Industry Classification Standard (GICS) structure. These changes will be effective for the Indexes after the close of business on September 21, 2018 (the “Rebalance Date”). In particular, the current Telecommunication Services Sector will be broadened and renamed the Communication Services Sector. The Communication…